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Showing posts with the label third-party car insurance

3 Car Insurance Add-Ons to Consider for an Older Vehicle

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  As per the Motor Vehicles Act, 1988, it is mandatory for every vehicle to have at least basic car insurance. This basic coverage refers to a third-party car insurance policy. However, it makes sense to go a step ahead by opting in for comprehensive coverage, including add-ons, to holistically protect your finances in the event of a mishap or calamity that sees you and your ride suffer damages. A trend shows that many motorists who have older vehicles (aged 5 years or older) often do not see the point of opting in for comprehensive coverage. Yet, this is a big mistake and can cost you heavy. If you have an older vehicle, you do need to protect it with comprehensive car insurance coupled with smartly chosen add-ons. Most vehicle insurance providers offer car owners a long list of add-ons to choose from. This exhaustive list is indeed a boon but might also make for a difficult choice when it comes to covering a car that has aged a few years. You might wonder if there are certain ...